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    coal-investing

    Peabody Leases Low Sulfur Coal Reserves

    Investing News Network
    May. 18, 2012 07:10PM PST
    Industrial Metals Investing

    Peabody Energy Inc. (NYSE:BTU) announced it successfully bid to lease coal reserves near its Wyoming-based North Antelope Rochelle Mine.

    Peabody Energy Inc. (NYSE:BTU) announced it successfully bid to lease coal reserves near its Wyoming-based North Antelope Rochelle Mine.

    As quoted in the press release:

    Peabody now controls 3.3 billion tons of Southern Powder River Basin coal reserves, and the company’s flagship NARM is the largest and most productive coal mine in the world, shipping 109 million tons of the world’s cleanest coal in 2011.

    Click here for the Peabody Energy Inc. (NYSE:BTU) press release.

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